Orca It Ltd

Orca It Ltd is a small holding company based in London, UK. Founded 23 years ago in 2001, the company has an active status and employs 40 people. It holds assets totaling £1,836,522, but its registered address is likely a virtual one, as nineteen companies share the same location. Orca It Ltd is managed by six directors and owned by three individuals, with director roles changing three months ago. The company operates in the information technology consultancy activities industries and is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances – though just one month of import activity was recorded in 2017.

The company’s website, now part of the FluidOne Group, details a shift in focus. Formerly known as Orca, the Chorley IT branch now provides a comprehensive portfolio of managed technology services, including IT managed services, cloud hosting, disaster recovery, and IT security. It’s clear they are aiming to be a premium service provider, partnering with clients and leveraging the broader capabilities of FluidOne, a market-leading secure Connected Cloud Solutions firm. They even boast a high NPS score, significantly above industry averages. The website highlights a focus on supporting clients through technology and acting as a branch of FluidOne.

Financially, Orca It Ltd presents a mixed picture. While cash reserves have increased significantly by 120% to £1,100,000, net assets have risen by 43% to £980,000. However, accrued liabilities have increased by 14% to £79,000, and bank borrowings have decreased by 21% to £31,000. Trade debtors remain constant at £470,000, and creditors have increased by 40% to £890,000. The company’s small size – meeting two of three criteria for being small – allows for agility, but the increase in liabilities suggests a need for careful financial management. The company is exempt from an audit, so the figures are unaudited.

It seems the acquisition by FluidOne has strengthened Orca It Ltd’s position, but the company will need to manage its liabilities effectively to ensure long-term stability.

Registered in England/Wales under the registration number 04307426, with a registered address at SE1 9PG, England, London, 5 Hatfields.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.